Economy News

GST will help in evolving India as tax-compliant society: Arun Jaitley

GST will help in evolving India as tax-compliant society: Arun Jaitley

The Goods and Services Tax, to be rolled out in just over a month, will not only check evasions but also help India evolve as a more tax-compliant society, Finance Minister Arun Jaitley said today.

Cess to yield Rs 55K cr in first 9 months of GST rollout
Cess to yield Rs 55K cr in first 9 months of GST rollout

The Centre expects to mop up as much as Rs 55,000 crore by levy of cess, including a big chunk from demerit and luxury goods, during the 9-month period of the current fiscal after the Goods and Services Tax (GST) is rolled out from July 1.

Horoscope: By Peter Vidal

Today ( 29 May )This Week ( 28 May - 03 Jun )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more